A term deposit offers high rates of interest and security for a fixed term. Interest rates differ - they depend on the term of the loan and the amount of the deposit. Interest rates are available up on request.

With a secured loan, customers secure the loan with a pledge of collateral, such as a fixed deposit. With an unsecured loan, the loan is not secured against a collateral, but requires the salary of the customer to be transferred to Gulf Bank.

The cost of your loan depends on the interest and the period of time you take to repay the loan. The higher the rate of interest or the longer you take to repay the loan, the more you will pay over the life of the loan.

Anyone in Kuwait can open an Al Danah account. All citizens and residents, male and female, old and young, can easily open an Al Danah account within minutes. Minors however require their parents to open the account or their legal guardian.